PPL Electric Utilities Corp (NYSE:PPL): Negative Stock Sentiment at 0.74

June 27, 2018 - By Nicole Mills

PPL Corporation (NYSE:PPL) Corporate Logo

“Big money” Positions

In 2018 Q1 PPL Electric Utilities Corp (NYSE:PPL) big money sentiment decreased to 0.74, SEC filings reveal. That’s down -0.41, from 2017Q4’s 1.15. 243 active investment managers increased and started new holdings, while 328 trimmed and sold holdings in PPL Electric Utilities Corp so the sentiment turned negative. These funds own 482.80 million shares, that’s up from 479.50 million shares in 2017Q4. Funds holding PPL Electric Utilities Corp in top 10 changed to 1 from 3 for a decrease of 2. 73 Investors Sold All; 255 Reduced Holdings; 179 increased holdings while 64 active investment managers bought holdings.

Significant PPL Electric Utilities Corp Shareholders

As of 2018 Q1 Stralem & Co Inc has 2.88% invested in PPL Electric Utilities Corp. PPL Electric Utilities Corp’s shareholder Symons Capital Management Inc owns 259,845 shares as of 2018 Q1. Denali Advisors Llc reported 431,296 shares. The Virginia-based fund Thompson Siegel & Walmsley Llc have invested about 1.89% of the investment professional’s stock portfolio in PPL Electric Utilities Corp. The Florida-based fund Butensky & Cohen Financial Security Inc holds 63,422 shares or 1.57% of their stock exposure.

PPL Corporation, a utility company, delivers electricity and natural gas in the United States and the United Kingdom.The company has $20.10 billion market cap. The firm operates in three divisions: U.K.16.88 is the P/E ratio. Regulated, Kentucky Regulated, and Pennsylvania Regulated.

The stock increased 0.28% or $0.08 during the last trading session, reaching $28.76.PPL Corporation has volume of 1.73M shares. Since June 27, 2017 PPL has declined 31.20% and is downtrending. The stock underperformed the S&P500 by 43.77%.

PPL Corporation (NYSE:PPL) is expected to report earnings on August, 2., as reported by Faxor. Analysts expect change of 1.92 % or $0.01 from previous year’s $0.52 earnings per share compared to current’s $0.53 earnings per share. PPL’s profit could reach $370.48M if the current earnings per share of $0.53 is accurate. Last quarter $0.74 earnings per share was reported. Analysts predicts -28.38 % negative EPS growth this quarter.

Signaturefd Ltd Liability holds 0% or 1,441 shs in its capital. Fincl Services owns 122 shs. Ameriprise Financial Incorporated reported 898,171 shs. Zurcher Kantonalbank (Zurich Cantonalbank) holds 143,833 shs. Moneta Grp Investment Advsr Ltd holds 0% or 23,112 shs. Gulf Intll Fincl Bank (Uk) Limited owns 214,630 shs. Victory Cap Mngmt holds 0.04% of its capital in PPL Corporation (NYSE:PPL) for 675,444 shs. Tudor Inv Corporation Et Al reported 16,075 shs or 0.01% of all its holdings. Moreover, Paloma Ptnrs has 0.05% invested in PPL Corporation (NYSE:PPL). Invesco reported 25.16 million shs. Asset Management One Limited has 1.20M shs. Mycio Wealth Prtn Lc stated it has 0.81% of its capital in PPL Corporation (NYSE:PPL). Univest Corp Of Pennsylvania owns 0.52% invested in PPL Corporation (NYSE:PPL) for 42,156 shs. Natixis invested in 108,409 shs. Fort Washington Investment Advsrs Oh reported 0% of its capital in PPL Corporation (NYSE:PPL).

PPL Corporation (NYSE:PPL) Ratings Coverage

Total analysts of 6 have positions in PPL Corp (NYSE:PPL) as follows: 4 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 67%. The firm has $40 highest while $28 is the lowest target. The average target $33.17 is 15.33% above the last ($28.76) price. Since January 2, 2018 according to StockzIntelligence Inc PPL Corp has 11 analyst reports. On Thursday, January 18 Deutsche Bank upgraded the shares of PPL in report to “Buy” rating. On Friday, June 8 the firm earned “Buy” rating by UBS. The company rating was maintained by UBS on Friday, February 23. On Monday, February 12 the rating was maintained by SunTrust with “Buy”. In Wednesday, June 13 report Morgan Stanley maintained the stock with “Equal-Weight” rating. On Monday, January 8 the rating was maintained by SunTrust with “Buy”. On Tuesday, March 6 the firm earned “Outperform” rating by RBC Capital Markets. On Thursday, February 1 RBC Capital Markets maintained the shares of PPL in report with “Hold” rating. In Tuesday, January 2 report Guggenheim maintained the stock with “Hold” rating. On Friday, February 23 SunTrust maintained the shares of PPL in report with “Buy” rating.

Another two news for PPL Corporation (NYSE:PPL) were briefly brought out by: Seekingalpha.com on June 03, 2018 with title “PPL – Equity Raise, More To Come?”. The other Investorplace.com‘s article was titled “3 Big Stock Charts for Monday: Caterpillar, PPL Corp and Iron Mountain” and brought out on June 25, 2018.

PPL Corporation (NYSE:PPL) Institutional Investors Chart

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